ES Journal Archive (2006 - 2008)

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Quote from volente_00:

but we first went 2.25 points higher after you first pointed out 1526.50. and said you shorted at 1527.


:)
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And we just printed 1522.25, that is low 20's in my book.
 
Quote from Buy1Sell2:

Let's get back to posting trades and analysis. Thanks everyone. :)
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With much respect B1S2, the process you use to analyze trend does not necessarily apply to the intra-day trader, so while what you're saying may be valid from a 3 to 5 day (or longer) holding standpoint, they don't necessarily apply to what is going to happen in the next couple of hours (or the next 10 point range).

I noticed you're averaging in to a position which is moving against your original entry as well (from a previous post).

This is a different style of trading from what most intra-day traders are equipped to do.

Good trading,

JJ
 
Quote from Spectre2007:

your right, but its similar to a relay race, where the batton is handed over day to day, this subgroup constantly chase each other...and retail is caught in the middle chopped up and stopped out.

in the pit, it gets telegraphed pretty fast when a biggie is selling or buying... and even in the tic action you can see the waves as they come in if you know what to look for in the electronic markets.
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I think it's more like a street fight where the bulls and bears take turns kicking the crap out of each other and taking the other's dinero when they are done.
 
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